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        5. MDC Partners

          New York City-based advertising and marketing holding company

          Parts of this article (those related to the merger with The Stagwell Group) need to be updated.

          Please help update this article to reflect recent events or newly available information.(August 2021)

          MDC Partners Inc. is an advertising and marketing holding company based in New York City.[2] MDC is structured as a partnership model, in which it initially acquires a majority stake in its partner agency, leaving a percentage of ownership with the founder.

          It has more than 50 partner firms worldwide.[3] In August 2021, following the merger of The Stagwell Group with MDC Partners, Stagwell formed Stagwell Media Network, a group of multichannel agencies.

          History

          MDC Partners was founded as Multi Discipline Communications in 1980[4] in Toronto by Miles Nadal.[5][6] The company held an IPO on October 16, 1987.[7]

          The company opera